James Madision
Benefits of having a LLC for a rental property out of state
I am in CA and have a rental property out of state in AZ, is there any tax benefits for having a llc? pros or cons for this situation. It is one 8 unit property. Am i able to make the LLC in AZ even if I live in CA? D...
Dominique Mickles
Working with an real estate attorney
I’m looking to buy my first single family home or even maybe a duplex in the next 6 months (doing seller financing) I want to find the best real estate attorney that works best for me in advance. I was just wondering ...
William Ritter
1031 in Lehigh Valley PA
looking for a 1031 intermediary in the lehigh valley. Any recommendations?
Jordan Couchman
Canadian Looking for US Cross Boarder Accountant
Canadian looking to start buying property in the States by the end of summer 2024. I'd like to set up the company structure now and would like to do so under the advice of a well recognized cross boarder accountant th...
Sandro DeAngelis
No 1031 exchange! Strategies to save on Capital Gains?
Hey everyone,I am selling a property that I will be making a good chunk of change on. I will be slapped with huge capital gains.....I DO NOT WANT TO DO A 1031 Exchange but want to either;1) Put it in some sort of ed...
Daniel Bryant
Client/tenant with service dogs question
I have a client that rents out a commercial suite from me here in NYC for over a year. Yesterday he came with a pet dog who’s about a month old into my building and into his room… when I told him that we cannot have p...
Brandon Schlichter
Lost money on a flip in 2016, how does it impact taxes?
Bought a house mid 2015, did rehab work on it over several months, sold it in 2016 at a total loss of $25k or so.My question mostly is whether that loss can be depreciated or carried over several years, or has to be t...
Aaron Keckley
How to forecast the future economy of a market
I have finished reading The ABC's of Real Estate Investing by Ken McElroy. In his book, as well as in the BP podcast he is in, he discusses that the preliminary research of any real estate investment isn't a proper...
Nathan Stanley
How to go about contacting agents out of state?
To contact or not to contact? Is it good edict to contact an agent out of state when your just looking around? From SoCal Looking in the Memphis area and want to know more about local area. Not pre- approved and possi...
Aften Hennricks
Real Estate Buyer's Contract: Exclusivity??
My spouse and I are just getting started in BRRRRs and flips in the Portland Metro market (Oregon), and we have a question about working with a Real Estate agent. We're selling a property to have our seed money, and w...